3 Lochside Way at Edinburgh Park reaches full occupancy

Cash Generator has become the final tenant to take up space at Lochside Way after relocating its Scottish HQ to Edinburgh Park

National pawn broker Cash Generator has moved its Scottish office to Edinburgh Park -becoming the final tenant to take up space at 3 Lochside Way, which is now full to capacity.

Headquartered in Bolton and with 100 high street shops across the UK, Cash Generator has relocated its Scottish HQ to newly refurbished offices from its previous Newbridge base.

3 Lochside Way, Edinburgh Park

Leasing 3,900 sq ft of ground floor space, Cash Generator has signed a 10-year lease, becoming the final tenant in the building which is also home to Coulters, Nucana, Exception, Go for Finance, Leidos and DNV GL.

JLL acted, jointly with Knight Frank, for landlord Drum Income Plus REIT Plc (DRIP REIT) which acquired the building in 2016. This is the fourth letting that has been achieved this year at 3 Lochside Way, which is now 100% let. Total take-up within the building has reached 11,500 sq ft through 2017.

Based at South Gyle in the west of Edinburgh, Edinburgh Park is Scotland’s largest business park – a 58 hectare development which is home to a range of different occupiers including Aegon, JP Morgan and Sainsbury’s Bank.

Alastair Stang of JLL in Edinburgh said: “The demand for space at Edinburgh Park has been driven by a number of factors over last few years including better relative availability and lower costs when compared to Edinburgh city centre. However, supply at Edinburgh Park is now also very limited.

“The quality of the business environment, and its accessibility with first class private and public transport links, including the tram network have ensured its popularity with occupiers. Other options in west Edinburgh are therefore now limited to accommodation at South Gyle, which will no doubt change the supply and demand landscape for Edinburgh Park during 2018.”